Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then HORNSBY HEIGHTS is number 497th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service HORNSBY HEIGHTS, 2077.
The average suburb population growth in NSW has been 3164.30% since 2006, so the 6092.00% population change in HORNSBY HEIGHTS 2077 is well above average.
HORNSBY HEIGHTS, 2077 has seen a substantial increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,838 to $2,383.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in HORNSBY HEIGHTS, 2077 should have seen some difference. While the latest census median annual household figure income is now $106,756, it was $90,521 back in 2006, which is a net increase of $16,234 Subtract from that the median mortgage repayment increase of $6,540 and a mortgage broker’s clients could be up to $9,694 better off each year even without factoring in mortgage rate cuts.